Ethereum (ETH) is the world’s number two cryptocurrency by market cap and is described as “the foundation for our digital future.” Ethereum is a technology that not only helps people send cryptocurrency around the world but it also powers decentralized applications (dapps) that anyone can use and no one can ever take down due to its decentralized nature. Much like Bitcoin, Ethereum lets users send, receive, and transact with digital money without a centralized bank or payment provider. However, Ethereum is completely programmable, meaning it can be used for a variety of digital assets, financial services, and even games.
The ETH price on YouHodler is aggregated from several different cryptocurrency exchanges in an attempt to provide the most accurate price possible. YouHodler combines Ethereum price rates from Binance, Kraken, Huobi, OKEx, and others.
To monitor Ethereum prices efficiently, we recommend downloading our app for iOS and Android compatible smartphones. This allows you to follow the latest ETH price anytime, anywhere.
The Ethereum price is constantly changing however our interest rates are stable as ever. Since 2019, our ETH savings account has featured 5.5% APR + compounding interest. Stability you can rely on.
There are many useful scenarios for a crypto-backed loan. Use it to hedge your portfolio in the event of an ETH price drop or simply use the growing value of your ETH price as collateral for instant cash. Either way, don’t sell your Ethereum. Make it work for you.
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